$25M sale of multifamily development parcel at Bergen Town Center completed

ROI-NJ

Real estate investment trust Urban Edge Properties has sold the Bergen Town Center Land Site, a development of a 426-unit multifamily complex in Paramus, to a joint venture between Russo Development LLC and KRE Group for $25 million.

JLL Capital Markets arranged the sale of the development, a mixed-use project adjacent to Bergen Town Center in Paramus along Route 4 in Bergen County.

Read the full article here.

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